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Digital Currency Economy: What is the Future of Your Bitcoins? By far the most frequent question, as well as the most divisive one, that I get asked is about the future of cryptocurrencies. Spectacular gains of over 3000% in 2017 followed by spectacular volatility in 2018, make this asset class stand out. On one side, digital currency libertarians and techies herald the ...
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RBI's fascination with fiat cryptocurrency: Why central bank's gamble can push the Indian economy ... It is worried that the blockchain technology that underpins cryptocurrency trading would leave copious trail about individuals and others trading in the currency and hence their privacy must be protected. To this writer, however, there are more fundamental issues the RBI has to worry about. RBI deputy ...
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Venezuela makes it official: Nation's worthless currency is officially worthless The currency now used has been in circulation for less than 10 years. New coins and paper money will start circulating on June 4, at which point all existing currency will lose its value. The new currency, called the "bolívar soberano" (sovereign bolivar, which will be written as "Bs.S."), will actually come ...
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China's foreign currency reserves rise in March China's foreign currency reserves rose 8.34 billion dollars from a month earlier to 3.1428 trillion U.S. dollars at the end of March, the People's Bank of China (PBOC) said Sunday. The market had widely expected China's foreign currency reserves to be 3.146 trillion dollars. The increase in March ...
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